Solar Panel Cost Guide in Mahoning, PA (2024 Update)
- Mahoning Solar Installation Cost: $16,942
- 25-Year Savings: $12,656
- Payback Period: 17.1 Years
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Average Cost of Solar Panels in Mahoning
Let’s take a look at the average cost of solar panels in Mahoning.
In Mahoning, solar panels cost about 4 per watt on average.The average solar panel system size in Mahoning is around 6.8 kilowatts, meaning a cost of about $16,942 for a solar installation, or $24,227 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Mahoning homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the savings for most homeowners is usually rewarding, with a net average savings of about $14,000 over 20 years on electricity bills.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Mahoning
| Year | Return on Investment |
|---|---|
| 1 years | $-15,665 |
| 3 years | $-13,111 |
| 5 years | $-10,556 |
| 7 years | $-8,002 |
| 9 years | $-5,447 |
| 11 years | $-2,893 |
| 13 years | $-339 |
| 15 years | $2,216 |
| 17 years | $4,770 |
| 19 years | $7,324 |
| 21 years | $9,879 |
| 23 years | $12,433 |
| 25 years | $14,988 |
Top Solar Installers in Mahoning
Many homeowners opt for a solar installer since installing solar panels yourself can be challenging. Local solar installers can also help you optimize your return on investment by walking you through any local incentives and by offering warranties and repairs.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Mahoning
Factors that Affect Solar Panel Costs in Mahoning
For many Mahoning homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Mahoning, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,550.The model of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Mahoning homeowners choose to finance their solar panel systems to offset upfront costs.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of green energy solutions in Mahoning, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and go with the company that provides the products, warranties and services you’re looking for and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.69 | $15,506 | $6,341 | 17.7 years |
| 8 kW | $3.62 | $20,278 | $8,852 | 17.4 years |
| 10 kW | $3.55 | $24,850 | $11,563 | 17.1 years |
| 12 kW | $3.48 | $29,224 | $14,472 | 16.7 years |
| 14 kW | $3.41 | $33,398 | $17,579 | 16.4 years |
| 16 kW | $3.34 | $37,374 | $20,886 | 16.0 years |
| 18 kW | $3.27 | $41,152 | $24,391 | 15.7 years |
| 20 kW | $3.19 | $44,730 | $28,095 | 15.4 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Contract: When looking through your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Mahoning, PA Solar Cost FAQs
How much does it cost to install solar panels in Mahoning?
The average cost of solar panels in Mahoning is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on things like the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Mahoning is currently $181,490, so you can look forward to a value of about $7,441 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Mahoning is a rewarding investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.